The holidays are fast approaching, and Westlake-based Charles Schwab has been marking them with its annual “Season of Giving” program in a one-two impact effort.
First, more than 3,200 Schwab employees across the country volunteered to pack more than half a million nutritious meals to be distributed within their local communities. The employees also collected food, toys, and other goods to support local families during the holiday season, the company announced this week.
And in recognition that hunger relief extends far beyond the holidays, the Charles Schwab Foundation granted $750,000 to local food banks and nonprofits focused on food insecurity in 14 communities where most Schwab employees live and work, the company added.
“Schwab was built on a culture of service for our clients that extends to our local communities,” Rick Wurster, president of The Charles Schwab Corporation and president and chair of the Charles Schwab Foundation, said in a statement. “It’s because of that dedicated spirit of service from our employees across the country that we can help foster stronger communities by addressing a critical need this holiday season.”
Schwab partnered with Harvest Pack
To coordinate the packaged meal donations, Schwab partnered with St. Paul, Minnesota-based Harvest Pack, a leading humanitarian hunger relief nonprofit organization that addresses food insecurity by supporting volunteers in bringing meal-packing events to their local communities, the company said.
“One in ten Americans lives in a household with food insecurity,” said William McNally, executive director of Harvest Pack. “It’s a pervasive issue, and through the support of companies like Charles Schwab that are deeply invested in their local communities, we can make sure every family has a nutritious meal on the table.”
Schwab noted that its commitment to service is a year-round effort, with more than 11,000 employees volunteering this year alone. Over the last six weeks running up to the holidays, Schwab employees volunteered more than 4,250 hours to support 20 nonprofits, the company said.
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